Posted on 08/08/2011 3:45:19 PM PDT by KeyLargo
Who 'made $10bn on 10/1 bet that U.S. credit rating would be downgraded'?
Unknown investor or hedge fund 'made $850million bet' Bet in futures market reportedly done at odds of 10/1 George Soros made similar bet on currency in 1992 But source says he wasn't involved in rumoured trade
By Mark Duell
Last updated at 10:57 PM on 8th August 2011
(Excerpt) Read more at dailymail.co.uk ...
The way I see it, ole George was just doing what any good FReeper would do. Anybody who is “surprised” by this downgrade certainly hasn’t been hanging around FR.
Soros is legion -a man of many demons. He is the son of satan and many demons.
I would not post this if it were not true.This has been shown to me many times at Eucharistic Adoration
Except no one around here would get a call at 3:00 AM from a well-placed source at S&P informing him of their pending downgrade. Short the market and raise enough money in one day to fund most democratic candidates for an entire election. That is how I see it.
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